A combination of surging power prices and a revived green subsidy market has seen expected revenue for generating electricity from wind in Sweden and Norway almost double in the past 12 months. The industry is finally seeing rising returns after years of suppressed prices that prompted Nordea Bank AB to Swedbank AB to raise red flags on behalf of their clients. Power prices have a very hard impact on both countries’ economies. Sweden’s wind output more than doubled in the past five years as the region’s biggest economy increased its renewable targets, flooding the market with more supplies that’s sunk both power prices and the value of the certificates developers get for producing green energy. – Bloomberg

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